L.A. apartments change hands

Marcus & Millichap arranged the sale of the 40,633-square-foot Bel Air Vista Apartments in Los Angeles. The value of the transaction was $15.4 million. The Bel Air Vista Apartments, located at 426 South Sepulveda Blvd., consists of three parcels. A California-based private investor sold the property to an investment group. Encino, Calif.-based Marcus & Millichap is a commercial real estate brokerage operating nationwide. *** What's your opinion? Send your Letter to the Editor to opinion@inman.com....